Coinbase tokenized stock (xStock) to Kenyan Shilling (COINX to KES)
COINX to KES Converter and calculator
COINX/KES: 1 COINX = 49,771.43 KES. The price of converting 1 Coinbase tokenized stock (xStock) (COINX) to Kenyan Shilling (KES) is 49,771.43 KES today.
COINX
KES
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Bitget converter provides COINX to KES real-time exchange rates, making it easy to convert Coinbase tokenized stock (xStock) (COINX) to Kenyan Shilling (KES). The conversion result is based on real-time data. The conversion result shows that 1 COINX is currently valued at 49,771.43 KES. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 COINX is currently valued at 49,771.43 KES, which means buying 5 COINX would cost 248,857.15 KES. Similarly, Sh1 KES can be converted to 0.{4}2009 COINX, and Sh50 KES can be converted to 0.0001005 COINX, excluding any platform or gas fees.
In the table above, you'll find a comprehensive COINX to KES converter that shows the value of Coinbase tokenized stock (xStock) in Kenyan Shilling across commonly used conversion amounts. The list covers conversions from 1 COINX to KES, all the way up to 10000 COINX, providing a clear view of their respective values.
In the table above, you'll find a comprehensive KES to COINX converter that shows the value of Kenyan Shilling in Coinbase tokenized stock (xStock) across commonly used conversion amounts. The list covers conversions from 1 KES to COINX, all the way up to 100000 KES, providing a clear view of their respective values.
In the past 1D, Coinbase tokenized stock (xStock) has changed -3.06% to KES. Based on the trend and price charts, Coinbase tokenized stock (xStock)(COINX) has changed -3.06% to KES while Kenyan Shilling(KES) has changed % to COINX in the last 24 hours.
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COINX to KES conversion data: Volatility and price changes of Coinbase tokenized stock (xStock) in KES
The highest Coinbase tokenized stock (xStock) price in KES over the past 7 days was 51,579.57 KES while the lowest Coinbase tokenized stock (xStock) price in KES over the past 7 days was 45,154.91 KES. The relative change between the highs and lows in Coinbase tokenized stock (xStock) price in KES over the last 7 days indicates a volatility of %. You can view additional volatility data and COINX to KES prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
51,579.57 KES
51,579.57 KES
51,579.57 KES
51,579.57 KES
Low
49,083.1 KES
45,154.91 KES
43,036.44 KES
43,036.44 KES
Average
0 KES
0 KES
0 KES
0 KES
Volatility
%
%
%
%
Change
-3.06%
+7.37%
+12.22%
+12.00%
Coinbase tokenized stock (xStock) information
COINX to KES market statistics
COINX/KES:
Sh49,771.43
COINX 24h volume:
Sh1,685,970,590.92
COINX market cap:
Sh298,628,575.09
COINX circulating supply:
6.00K COINX
Current COINX to KES exchange rate
Coinbase tokenized stock (xStock) to Kenyan Shilling is rising this week.
Coinbase tokenized stock (xStock)'s current market price is Sh49,771.43 per COINX, with a total market cap of Sh298,628,575.09 KES based on a circulating supply of 6,000 COINX. The trading volume of Coinbase tokenized stock (xStock) has changed by -46.95% (Sh-1,492,287,540.40 KES) in the last 24 hours. Last trading day, COINX's trading volume was Sh3,178,258,131.32.
More info about Coinbase tokenized stock (xStock) on Bitget
The Kenyan Shilling (KES), introduced in 1966, replaced the East African Shilling to become the official currency of Kenya. It is commonly abbreviated as KES and represented by the symbol KSh. This change was a significant milestone in Kenya's journey towards economic independence and sovereignty. The Kenyan Shilling is more than just a medium of financial transaction; it reflects the country's rich cultural heritage, economic challenges, and aspirations.
Historical Background
The adoption of the Kenyan Shilling was a key step in post-colonial Kenya's economic development. It symbolized a break away from the East African Currency Board arrangement and was a crucial part of establishing a separate monetary identity following independence in 1963.
Design and Symbolism
The design of the Kenyan Shilling incorporates elements of Kenya's diverse culture and rich natural heritage. Banknotes and coins feature images of Kenya's founding father, Jomo Kenyatta, and later Mzee Jomo Kenyatta, and other prominent figures, along with various wildlife species, showcasing Kenya's commitment to preserving its natural and cultural heritage.
Economic Role
The Kenyan Shilling is central to Kenya's economy, which is one of the largest and most dynamic in East Africa. The currency facilitates trade in key sectors such as agriculture, tourism, manufacturing, and services. The stability and value of the Shilling are vital for economic growth and the well-being of Kenyan citizens.
Monetary Policy and Inflation
The Central Bank of Kenya manages the Shilling, implementing monetary policies aimed at maintaining currency stability and controlling inflation. These policies are essential for fostering a favorable economic environment and encouraging investment.
The Shilling in International Trade
The Kenyan Shilling's exchange rate is crucial in international trade, especially for Kenya's exports like tea, coffee, and horticultural products. A stable exchange rate is essential for maintaining competitive export prices and attracting foreign investments.
Remittances and Economic Impact
Remittances from Kenyans living abroad, particularly in North America and Europe, are a significant source of foreign income. These funds, exchanged for Shillings, support many families and contribute to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Coinbase tokenized stock (xStock) currency pair is the COINX to KES, with for Coinbase tokenized stock (xStock)'s currency code being COINX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KES.
The exchange rate of Coinbase tokenized stock (xStock) is increasing.
The exchange rate of 1 COINX to Kenyan Shilling has changed by +7.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.06%, reaching a high of 51,579.57 KES and a low of 49,083.1 KES . One month ago, the value of 1 COINX was Sh22.99 KES , which represents a +12.22% change from its current value. Over the last year, Coinbase tokenized stock (xStock) has changed by
+Sh
10,898.44KES
, resulting in a change of +12.28% in its value.
24 hours ago1 month ago1 year ago
Amount
05:03 am today
24 hours ago
24h change
0.5 COINX
Sh24,885.71
Sh25,670.68
-3.06%
1 COINX
Sh49,771.43
Sh51,341.36
-3.06%
5 COINX
Sh248,857.15
Sh256,706.78
-3.06%
10 COINX
Sh497,714.29
Sh513,413.55
-3.06%
50 COINX
Sh2,488,571.46
Sh2,567,067.75
-3.06%
100 COINX
Sh4,977,142.91
Sh5,134,135.5
-3.06%
500 COINX
Sh24,885,714.56
Sh25,670,677.52
-3.06%
1000 COINX
Sh49,771,429.12
Sh51,341,355.03
-3.06%
COINX to KES FAQ
How much is 1 Coinbase tokenized stock (xStock) in KES?
Right now, the price of 1 Coinbase tokenized stock (xStock) (COINX) in Kenyan Shilling (KES) is Sh49,771.43.
How much COINX can I buy for 1 KES?
Based on the current exchange rate, you can get 0.{4}2009 COINX for 1 KES.
How do I calculate or convert COINX to KES?
You can use our COINX to KES calculator at the top of this page to convert any amount of COINX to KES. We've also included quick-reference tables for the most popular conversions. For example, 5 KES is equivalent to 0.0001005 COINX, while 5 COINX will cost around 248,857.15KES.
What is the highest price of COINX/KES in history?
The all-time high price of 1 COINX in KES is Sh51,579.57. It remains to be seen if the value of 1 COINX/KES will exceed the current all-time high.
What is the price trend of Coinbase tokenized stock (xStock) in KES?
Over the past 7 days, the exchange rate of Coinbase tokenized stock (xStock) (COINX) has gone up by 7.37%.
Over the last month, the exchange rate of Coinbase tokenized stock (xStock) (COINX) has gone up by 12.22% against Kenyan Shilling (KES).
What factors influence the conversion rate of COINX to KES?
There are many factors that affect the relationship between Coinbase tokenized stock (xStock) and Kenyan Shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of COINX/KES. When there is positive news in the market about the widespread adoption of COINX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of COINX/KES. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in COINX/KES.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of COINX/KES. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Coinbase tokenized stock (xStock) and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Coinbase tokenized stock (xStock) currency pairs: COINX to US Dollar (USD), COINX to Euro (EUR), COINX to Pound Sterling (GBP), COINX to Canadian Dollar (CAD), COINX to Indian Rupee (INR), COINX to Pakistani Rupee (PKR), COINX to Brazilian Real (BRL), COINX to… The price of Coinbase tokenized stock (xStock) in the US is $384.34 USD. Additionally, Coinbase tokenized stock (xStock)’s price is €328.8 EUR in the eurozone, £284.72 GBP in the UK, C$526.5 CAD in Canada, ₹32,988.2 INR in India, ₨109,295.37 PKR in Pakistan, R$2,136.94 BRL in Brazil, and more. The most popular Coinbase tokenized stock (xStock) currency pair is the COINX to Kenyan Shilling(KES). The price of 1 Coinbase tokenized stock (xStock) (COINX) in Kenyan Shilling (KES) is Sh49,771.43.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.